Bitfinex will resume trading and withdrawals at 16:00:00 UTC, that's less than 50 minutes from now. The price briefly spiked above $600 on itbit and bitstamp. What will it do after finex trading resumes? Will most of those holding finex dollars start buying bitcoins so they can withdraw immediately?
https://www.bitfinex.com/posts/133Today, August 10th, 2016, at 16:00:00 UTC we will be enabling additional platform features as we continue to restore service after the incident on August 2nd. Exchange trading will be enabled for all currencies and pairs, while deposits and withdrawals will be enabled for BTC, ETC, ETH, and USD - with LTC and Tether to follow shortly thereafter. Exchange trading will also be enabled for the BFX token on pairs BFXUSD and BFXBTC.